NRG Careers

RETIREMENT BENEFITS ANALYST

Date Posted: Jun 5, 2019

Location: Princeton, NJ, US

Company: NRG

Job Description

NRG is the leading integrated power company in the U.S., built on the strength of our diverse competitive electric generation portfolio and leading retail electricity platform. A Fortune 500 company, NRG creates value through best-in-class operations, reliable and efficient electric generation, and a retail platform serving residential and commercial businesses. Working with electricity customers large and small, we implement sustainable solutions for producing and managing energy, developing smarter energy choices and delivering exceptional service as our retail electricity providers serve almost three million residential and commercial customers throughout the country.

More information is available at www.nrg.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy.

 

The Retirement Benefits Analyst will be responsible for the daily administration of the retirement plans, maintaining data integrity and providing ongoing support and education to meet the needs of our employees. This role will also have responsibility for administering retirement plans, supporting HR management on all plan interpretation matters ensuring the retirement programs remain competitive, innovative, compliant and cost effective as well as providing ongoing support and education to meet the needs of NRG's employees.

 

Job Responsibilities:

  • Coordinate participant activity with respect to the administration of the 401(k) plan and defined benefit pension plans including reconciling and funding the biweekly payroll 401(k) contributions and loans and the defined benefit contributions.
  • Respond to retirement inquiries and issues, ensuring quick and compliant resolution.
  • Gather, analyze and report data as it pertains to enrollment, ad hoc or standard internal audits, and compliance checks.
  • Maintain and produce monthly reports to assist Accounting with appropriate establishment of defined contribution benefit accruals, discretionary contributions and true-up payments.
  • Work with Senior Manager, Retirement to recommend operational and process improvements based on identified needs.
  • Assist in implemented internal controls to ensure Retirement Team is effective, efficient, and service is of the highest quality.
  • Assist with plan audit preparations and support
  • Analyze and resolve data discrepancies on retirement issues, including payroll related issues, in a timely fashion.
  • Work closely with vendors and HR field to provide educational opportunities on retirement planning.
  • Maintain awareness of current trends in benefits.
  • Support benefit projects and initiatives and perform other duties as assigned.

 

Required:

  • Bachelor’s degree in Business Administration, Finance, Human Resources and 2 years of experience in human resource working in benefits or in payroll working with 401K funding

           OR

  • 6 years of experience in human resource working in benefits or in payroll working with 401K funding
  • Excellent technical, analytical, and critical thinking skills.
  • Proficient in Microsoft Office Suite with an emphasis on Excel.
  • General understanding of HR practices, laws and regulations.
  • Strong customer service and verbal and written skills.
  • Must be detail-oriented and able to manage multiple projects simultaneously.
  • Must be able to work with minimal supervision and adapt to changing priorities.
  • Must manage time and priorities effectively by completing tasks in a timely manner.

 

Preferred:

  • 3 years of experience in human resource working in benefits or payroll working with 401K funding. 
  • Benefits-related certifications are a plus (ASPPA, SHRM-CP, SHRM-SCP, CEBS, PHR, SPHR).
  • Experience with SuccessFactors, SAP payroll experience is highly desirable.

 

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NRG Energy is committed to a drug and alcohol free workplace.  To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability
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Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

Official description on file with Human Resources


Nearest Major Market: New Jersey

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